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I’m not sure how much to read into an interview, but how many times are we going to be surprised by this cycle? They don’t care about monetization until their u
by emodendroket 3y ago
I’m not sure how much to read into an interview, but how many times are we going to be surprised by this cycle? They don’t care about monetization until their user base has grown large and established, and then they do and monetize aggressively. Where have I seen this movie before?
- pjmlp 3y agoA side effect of free beer and the effect of early FOSS and Web days. It turns out paying employees and business infrastructure requires money in a capitalist society. Free only works when someone else is paying, until they don't.
- lakomen 3y agoIf I could downvote I would. This is completely missing the topic. It's about too aggressive monetization vs. user experience and the loss of visitors/ad targets, not some "yeehaw things cost money"
- jtode 3y agoI think the point he's obliquely trying to make is that the monetization of attention is not a thing that can actually be done right, at all. We should have solved the problem of bandwidth costs another way - taxes or paying individually for each thing. People keep saying the internet failed. No, the internet has been working perfectly while a bunch of bridge trolls came in and setup shop.
- CyberDildonics 3y agoThese two things have nothing to do with each other and this is a very black and white mentality. Reddit already had ads and already made money. This is about squeezing more money out of users, not any sort of charity for a system that doesn't sustain itself.
- emodendroket 3y agoThose ads aren’t helping anything if you consume the site through an API and a third-party application.
- stefandesu 3y agoI'm surprised because it never ends well for the company in the long term, and they should know this.
- MengerSponge 3y ago"Did it ever work for these people?" "No. It never does. I mean these people somehow delude themselves into thinking it might. But......it might work for us."
- jtode 3y agoLooking too closely at that abyss leads to some disturbing implications, for people who like to sit on their ass and collect dividends while other people work.
- WhyNotHugo 3y agoWon't investors just sell stock when it's high and then move their money onto the next platform?
- maest 3y agoFor every seller there's a buyer, so there will always be investors parking money into the platform.
- WhyNotHugo 3y agoThe new buyers are the same folks that buy stock in Yahoo.
- emodendroket 3y agoIt doesn’t? Facebook is worth a gazillion dollars and YouTube seems to be doing alright.
- QkPrsMizkYvt 3y agoIt worked for Meta.